US EditionRipple CEO: SEC drops appeal of case against crypto company
- Ripple CEO Brad Garlinghouse announced the SEC would drop its appeal.
- The SEC initially sued Ripple in 2020, alleging violations of securities laws.
- Ripple fought back, arguing the lawsuit demonstrated government overreach on crypto.
- Garlinghouse stated, "Today is a victory, and a long overdue surrender by the SEC."
- Following the announcement, XRP's value surged about 11%, showing market reaction.
108 Articles
108 Articles
castanet.net
City NewsXRP jumps 8% after Ripple's CEO says SEC has dropped its case against the crypto currency
The price of XRP jumped more than 8% Thursday after the CEO of cryptocurrency company Ripple said U.S. regulators have dropped its four-year-old case against the company.
SEC drops case against crypto firm with ties to Trump, CEO says
The Securities and Exchange Commission has ended its yearslong case and appeal against a cryptocurrency firm whose CEO has ties to the White House, the CEO said Wednesday. Brad Garlinghouse, the CEO of Ripple Labs, said on the social media platform X that the case against his company “has ended.” “Today is a victory — and a long overdue surrender by the SEC,” he said. An SEC spokesperson declined to comment to ABC News. The move, which was not c…
Newsbug.info
Ripple CEO: SEC drops appeal of case against crypto company
(The Center Square) – The U.S. Securities and Exchange Commission under the Trump administration is dropping its appeal in its lawsuit against Ripple, a blockchain-based digital payment company, Ripple CEO Brad Garlinghouse said Wednesday.
Ripple CEO says the SEC has now dropped its lawsuit
In breaking XRP news and updates today, Ripple CEO Brad Garlinghouse has announced that the SEC has now dropped its lawsuit, marking a historic victory in the cryptocurrency market. The case between the US Securities and Exchange Commission (SEC) and blockchain-based digital payment provider Ripple Labs Inc. has been ongoing since December 2020, until now. “As many of you know, just over four years ago, the United States SEC filed a lawsuit agai…
XRP soars after Ripple CEO says SEC dropping lawsuit against crypto firm: CNBC Crypto World
On today's show, major cryptocurrencies rise as the Federal Reserve hold rates steady as expected. Plus, U.S. Democratic lawmakers raise concerns over President Trump's crypto ties in a letter sent to the White House chief of staff, while the North…
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